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Which one of the following statements is correct (true)? Multiple Choice At the website for a company's 401(k) retirement plan, for a specific mutual
Which one of the following statements is correct (true)? Multiple Choice At the website for a company's 401(k) retirement plan, for a specific mutual fund that could be purchased in the retirement plan, you could most likely find the top ten stocks and/or bonds held by that the mutual fund. Over time an investor would expect a "money market" mutual fund to earn a higher rate of return than a "balanced" mutual fund The most common type of retirement plans now offered by employers are "defined benefit" plans. In most 403(b) type of retirement plans when distributions are taken during retirement only gains & income are taxed whereas contributions made by the employee and/or the employer are not taxed.
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